Form 4: Constellation Energy Director Yves de Balmann Reports Transactions in Company Stock
SEC Form 4 Filing
Director Yves de Balmann reports acquisition of deferred stock units and adjustments to holdings of Constellation Energy Corp stock.
Summary
- On June 30, 2024, Yves de Balmann, a director of Constellation Energy Corp, reported transactions involving the company's stock.
- De Balmann acquired 198 shares of common stock in the form of deferred stock units at a price of $214.63 per share.
- The report also indicates adjustments to holdings, including 636 shares of common stock and 203 shares held indirectly through de Balmann Family Holdings LLLP.
- De Balmann also holds 50,047 phantom deferred stock units, which will be settled in cash upon termination of service based on the year-end price of common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by a company director. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding the actions of company insiders.
- The transactions have a minimal impact on employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Approximately 80 shares acquired through automatic dividend reinvestment and 82 additional stock units credited through the dividend reinvestment feature of the Plan. |
| 06/30/2024 | Date of the earliest transaction reported: Acquisition of 198 deferred stock units. |
| 07/02/2024 | Date of signature for the report. |
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